Social Performance Part 2

Social Performance Part 2

Description of the Company

The soft-tech is the medium-sized public corporation that deals in software developing. The company focuses on providing assistance to other company in the field of software. If any company requires any sort of software for themselves, soft-tech provides the wide range o software to them. This software is developed according to the need of the company. Soft-tech has more than 2000 employees and generates the daily outcome of $10 million, with the price of shares of $55.00/share. Company has the vision to be the market leader and want to be number one in every field of software, by proving the best service and product to its business clients. Besides providing the better service, soft-tech also focuses on providing social service to children and old age people, who are unable to effort insurance services.

The primary stakeholders are those without whose continuing participation in the enterprise cannot survive as a functioning whole, typically shareholders, investors, employees, customers and suppliers, but also governments and communities that provide the infrastructure, markets , laws and regulations. The secondary stakeholders include those that are not essential for the survival of a company or a direct effect on the company itself, are included so that individuals and groups, while not having direct relations with it are still affected by its activities such as future generations.

Challenges of Developing Code of Ethics

With two equally efficient firms are better for the company whose business grows fairly and honestly. Give her a longer-term competitive advantage, which the company otherwise would not be achieved. Therefore, an increasing number of companies in the world, aims to include elements of organizational culture as a strategic company ethics programs. Ethics programs are aimed at making the highest standard of ethical business behavior: employees in the company, the company's market, companies in the social environment in which it operates.

This is so because ethical behavior is the company's assets. Such conduct demonstrates corporate responsibility towards all its stakeholders, through which and with which the company operates. Ethics programs include:

Determine the company's mission,

Determine the ethical and professional standards,

Develop a code of ethics,

Develop a handbook of professional standards, (e) the development of ethics training program,

Creation of the (cell) ethics officer,

Promotion of ethical behavior,

Monitor compliance with ethical standards and professional standards

Creating an ethical hotline,

Periodic auditing of ethics

Every person or every group of people interacting guided in his actions that she believes that it is more valuable than anything else, these are values. The company as a cooperating group of people should determine that to which aims, the primary aim of the company, and how it intends to achieve, that is, the values in the long run goes to the action. A clear indication of over-arching objective of the company and how it is achieving compliance with the values ??of the company is formulating determining company's mission.

Only positive values deserve to be the basis of the program's ethical. Negative values, the negative values such as: the use of employees, dishonest and selfish rivalry ...